How many types of funds are managed by NIIF ........

Economic and Social Issues Social Infrastructure

Off late, the National Investment and Infrastructure Fund (NIIF) has been adopting various approaches to mobilize resources for funding infrastructure projects.National Investment and Infrastructure Fund (NIIF) is India’s first sovereign wealth fund that was set up by the Government of India in February 2015.The objective behind creating this fund was to maximize economic impact mainly through infrastructure investment in commercially viable projects, both Greenfield and Brownfield. NIIF was approved in August 2015 by the Department of Economic Affairs. First meeting of its governing council was held in December 2015 further to which it was registered with SEBI as Category II Alternative Investment Fund.As of September 2018, the NIIF manages funds of over US$ 3.4 billion.

How many types of funds are managed by NIIF

छोटे Courses बड़े Results

Master Social Infrastructure

Prepare through Micro-courses

Try Now

Explanation:

There are three types of funds managed by NIIF:

Master Fund:The Master Fund is an infrastructure fund primarily investing in operating assets in core infrastructure sectors such as roads, ports, airports, power etc. The Master Fund invests in mature businesses with long-term track record.

Fund of Funds:The Fund of Funds (FoF) seeks to invest with experienced fund managers who have a strong track record and have demonstrated their ability to execute their investment strategy successfully.

Strategic Fund:The Strategic Fund is aimed at growth and development stage investments in projects/companies in a broad range of sectors that are of economic and commercial importance and are likely to benefit from India’s growth trajectory over the medium to long-term.